Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Retail Center in Placerville, CA Title is generated by Realmo AI

    384 Placerville Dr, Placerville, CA 95667

    View on Map
    Claim this Listing
    For Lease
    Contact for pricing

    Neighborhood retail center with available space and pad for rent.

    Type:Retail
    Property size:
    1,800 SF
    Added:
    Jan 13, 2023
    Days on Market:
    1238
    Last Refresh:
    May 13 at 8:14 pm

    Property Features for 384 Placerville Dr

    General Information

    Standard status
    Active
    Size
    1,800 SF
    Property subtype
    Retail

    Spaces For Lease

    at 384 Placerville Dr Contact us

    Retail Pad Build to Suit $1.25/Mo

    Size
    3,500 SF
    Type
    Retail
    Hillside Plaza is a neighborhood retail center located on Placerville Drive in Placerville,...
    show more
    Contact us

    Suite D $1.00/Mo

    Size
    1,800 SF
    Type
    Retail
    Hillside Plaza is a neighborhood retail center located on Placerville Drive in Placerville,...
    show more
    Contact us

    We can help!

    Listing Contact
    Travis Monson

    Listing agent Travis Monson License #CA

    Listing office The Vollman Company

    Listing date Jan 13, 2023

    Source Crexi

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of The Vollman Company

    HighLights

    • Excellent location, just half a mile from Highway 50, offering easy access.
    • Proximity to Raley’s Supermarket, Big 5 Sporting Goods, and Home Depot attracts significant customer traffic.
    • Retail pad ready to build, offering a build‑to‑suit opportunity.
    • Ample parking ensures convenient access for customers.
    • Monument signage provides excellent visibility and branding opportunities.
    • 1,800 sq ft of retail space available.

    Overview

    Hillside Plaza is a neighborhood retail center situated on Placerville Drive in Placerville, California. The location is half a mile from Highway 50 and in close proximity to Raley’s Supermarket, Big 5 Sporting Goods, and Home Depot. The property features monument signage and ample parking. There is a retail pad ready to be built to suit. Additionally, there is 1,800 square feet of retail space available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Placerville
    County
    El Dorado
    State
    California
    Longitude
    -120.832968
    Latitude
    38.731402

    Nearby Similar for Lease

    • $1.25 SF/Yr
      9,662 SF

      Placerville Office Space For Lease

      9,662 SF office space in the heart of Placerville.
      596 Main Street, Placerville, CA 95667
      View Details
    • $1.25 SF/Yr
      23,500 SF

      Retail Space in Gold Country

      Centrally located retail space in Placerville, easily accessible from Highway 50.
      3041 Forni Road, Placerville, CA, 95667
      View Details
    • $2 SF/Yr
      2,711 SF

      Placerville Retail/Medical Space Available

      2,711 SF space ideal for medical or retail users.
      4330 Golden Center Dr, Placerville, CA
      View Details
    • Contact for pricing
      1 SF

      Anchored Center Freeway Visible Site

      Rite Aid & Big Lots anchored shopping center for lease.
      31 Fair Lane, Placerville, CA 95667
      View Details
    • $60 SF/Yr
      21,116 SF

      Industrial Space with Office/Showroom

      21,116 SF industrial space with office/showroom for lease.
      2850 Cold Springs Rd, Placerville, CA
      View Details
    • Contact for pricing
      18,984 SF

      Retail Property in Placerville

      Retail property centrally located between Sacramento and South Lake Tahoe.
      1220 Broadway, Placerville, CA, 95667
      View Details
    • $1.25 SF/Yr
      2,200 SF

      Retail Space in Placerville, CA

      Retail space available for lease in Placerville, California.
      2849-2885 Ray Lawyer Dr, Placerville, CA
      View Details
    • $1.00 SF/Yr
      4,000 SF

      Retail Space on Placerville Drive

      Retail space available after 9/1/2024 off Placerville Dr.
      259 Placerville Dr, Placerville, CA
      View Details
    • $0.89 SF/Yr
      5,020 SF

      Retail Space on Broadway

      Retail space available for lease in Placerville, California.
      1319-1353 Broadway, Placerville, CA
      View Details
    • Contact for pricing
      1,200 SF

      Retail Space in Placerville Center

      Retail space available in neighborhood center anchored by Grocery Outlet.
      55 Fair Ln, Placerville, CA
      View Details
    • Contact for pricing
      1,240 SF

      Retail Space in Missouri Flat

      High-visibility retail space in a busy Placerville shopping center.
      3987 Missouri Flat Rd, Placerville, CA
      View Details
    • $1.50 SF/Yr
      4,000 SF

      Retail Space in Placerville

      Retail space available for lease in Placerville, California.
      512 Main St, Placerville, CA
      View Details

    FAQs

    What type of property is this?
    Retail space - Neighborhood retail center with available space and pad for rent.
    Where is this retail space located?
    The property is located at 384 Placerville Dr Placerville, CA.
    What is the lease rate?
    The lease rate is $12 SF/Yr.
    What are key features of this property?
    This property features: Excellent location, just half a mile from Highway 50, offering easy access.; Proximity to Raley’s Supermarket, Big 5 Sporting Goods, and Home Depot attracts significant customer traffic.; Retail pad ready to build, offering a build‑to‑suit opportunity.
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Travis Monson
    Real Estate License ID: CA
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    384 Placerville Dr, Placerville, CA 95667
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!